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Tag: interest rates

How Increasing Interest Rates Can Affect Your Pension

Posted on November 15, 2022November 15, 2022 by DT

The economy has seen several noticeable repercussions in response to the Federal Reserve’s efforts to combat inflation by raising interest rates. New loan rates for the purchase of automobiles and mortgages have increased in the past 18 months. However, interest rates offered to savers have also increased, putting more money back into their pockets.

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